Taxation and Compliance

With TallyPrime, you can generate e-invoice instantly with no changes to invoicing process that you follow. With TallyPrime’s connected services, you can automatically generate e-invoice and print IRN & QR code on the invoices without manual intervention. TallyPrime also supports the bulk generation of e-invoices and offline generation e-invoice file (JSON) to handle exigency scenarios.

Simply import your GSTR-2B/2A statement, and TallyPrime will automatically reconcile and give you a quick and comprehensive summary of reconciled transactions and the mismatches.

The best part is that all the unreconciled transactions are flagged in different categories, helping you know the reason for mismatches and take suitable action to resolve them.

Using TallyPrime’s online connected e-way bill solution, you can instantly generate e-way bill for a single invoice in the flow of recording invoice or multiple invoices from a report. All you need to do is just record an invoice and TallyPrime will automatically generate e-way bill and capture e-way bill number on the invoice. This comes with an option to extend, cancel and update e-way bill details online within TallyPrime.

The payments to micro and small business must be cleared, adhering to MSME compliance. With TallyPrime, you can effortlessly identify and track the payables for on-time processing. You can filter the upcoming due days based on the bill date, MSME credit period or the earliest of bill date or MSME credit period.

Stay audit trail (edit log) compliant using TallyPrime EL release from day one. You can maintain the necessary edit logs, as required, for each transaction/master, along with the date & time, including the details of users and deleted transactions. The best part is that you can get to know the modified elements by comparing them quickly with a previous version.

Create multiple GST registrations and manage transactions and returns related to all the GSTINs in a single company. Easy to categorise or identify transactions GSTN-wise and flexible to view/export GST returns and reports for a single GSTIN or a combined report for all GSTINs.

You can mark the returns ‘Signed’ indicating returns are filed, and further inclusions/modifications are identified and tracked for your action. This helps you manage the complete cycle of amendments and reporting of such details in subsequent GSTR-1 and GSTR-3B return.

GSTR-1 reconciliation helps you quickly verify the data on the portal with the data in your company books and identify any differences between the data. This is a good practice to keep your books and returns in sync.

In TallyPrime, you can manage TDS and TCS requirements for your business in an accurate and simplified manner. The return forms are designed to detect errors/incomplete details and allow you to correct them seamlessly, so that the return is 100% fool-proof.

No worries of changing laws, you are always up to date and compliant with TallyPrime. Regular product releases ensure that new laws, law changes, returns etc. are supported on-time.